February 26, 2015
Iteris has announced that Abbas Mohaddes has resigned as president and chief executive officer to pursue other opportunities. Mohaddes also resigned from the company’s board of directors. Kevin Daly, currently a non-executive director of Iteris, will serve as chief executive officer on an interim basis until the Company finds a permanent replacement for Mohaddes, who has agreed to provide transitional support services for a limited period as requested by the Company. Greg Miner, chairman of Iteris, commente